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The Urban Contribution to Knowledge Economy Christopher Hire Executive Director 2thinknow About Christopher Hire Executive Director Prepared by Christopher Hire Executive Director, 2thinknow Is now Executive Director of 2thinknow since launch in 2006 as the world’s first innovation agency. He created the City Benchmarking Data and Innovation Cities Index and Program used by major corporations such as Samsung, PWC, BCG, NESTA/Accenture, IESE as featured in over 7,000 media articles on innovation in over 50 languages. He identified and created 2thinknow’s seminal innovation process across cities and industries to replicate innovation. He has trained many of Asia’s and Mid-East banking innovators including Maybank, JP Morgan, QDB, Reserve Bank India and consulted to Comm Bank, ANZ and NAB on financial data, and also UAE government. Several of his 2thinknow clients have then won innovation awards, including the government of Abu Dhabi. He wants our clients to get a promotion from innovation! COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. 2thinknow® in brief: First Global Innovation Agency. Data tracking on 450+ cities Up to 25 Analysts trained by 2thinknow. Over 7000 media articles globally Established. Group 1999. Research 2005, launch 2006 Innovation Cities™ Program and the Innovation Cities™ Index followed Creator of the by 63% of cities over 1M population. COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. What 2thinknow have done We have: PROCESS: Created a innovation process that is historically sound for all past innovations. i.e. is analysis tool that is backward compatible. DATA: Gathered data on each cities innovation economy by industry and community activity using very detailed data points MODEL: Created a number of innovation models that explain the innovation process for business, cities and government. Can be Culturally Aligned. COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. How 2thinknow works… We have 3 main services: City Benchmarking Data which is all the cities of the world data points collected, analysed and benchmarked as indicators. And also, Group Training on the innovation process. Consulting or analysis. COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. Global. KL. UAE. Moscow. COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. 2 Key Points for Urban Innovation Economies 1. Create Urban PreConditions for Innovation (as measure by our Indicators). 2. Be Unique, Create with Culture. COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. Urban Pre-Conditions For Innovation 162 Indicators with over 1200 data points that measure urban pre-conditions for innovation. www.citybenchmarkingdata.com COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. Culture: Way We Do Things Here Knowledge Notes Culture-Neutral Better: Culture Alignment Build On Strengths of Culture Create a Culture of Innovation -- Tech and Non-Tech Many types of Innovaiton COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. 2thinknow’s 7 Types of Innovation These are 7 types of innovation possible to choose from: 1. 2. 3. 4. 5. 6. 7. Structural Product Service Process Cost Network Communication Source: COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. : Small, Specialised, Perfect. Insight: Small Can Grow, (Big Can Shrink) COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. InSight Cities Specialising in Unique Globally Available Products or Services Grow GDP Faster (2thinknow Provisional Correlation) We Don’t Know What We Don’t Know Need Data to See Opportunities Amidst ‘What Is’. Every City has Unique Opportunities that Provide Greater Profit Potential than Competing Cities Do Not Envy & Copy – Do Un-Cover Cycle Theories and City Data A city can be ain a different stage of development (or decay) than a country. Also such variations can be modelled. http://www.e3network.org/papers/The_Resilience_of_Detroit_Aug_2013.pdf COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. LICENSED EXCLUSIVELY TO CHRISTOPHER Fruit Ninja Kinect, Neuroscience Research Australia COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. LICENSED EXCLUSIVELY TO CHRISTOPHER Action Cities Need City Data to Identify Unseen Opportunities and Think Outside their Box. Stage 0 FOR THIS METRIC CITY 2 CITY 1 COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. LICENSED EXCLUSIVELY TO CHRISTOPHER Otherwise You Too May Get Another Ferris Wheel “Do not hide your light behind a bushel.” Jesus, About 2000 Years Ago: Matthew 5:15 Not New… Last 12 or So Months (since June 2013) We collected 1600 variables For Between 24 and 589 cities For Mix of Clients IESE Accenture Samsung E&Y Emirates 450 Cities Data Only 2thinknow offers Standardised data at city level for 450 cities Cross-cultural comparison City Data that covers every major industry Modular data Expertise in understanding data Over 2000 data points to choose Interpretation of complex concepts in simple means. Covering many market segments. COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED. What We Are Working on In 2015 we are building Time Series Data for All World Cities on Key Macro and Micro Indicators GDP Employment Startups Social Conditions Work force Firm (Business Activity) Students and Universities Contact Christopher Hire +61 409 787 960 [email protected] www.2thinknow.com COPYRIGHT (c) 2006-2014, 2THINKNOW®. ALL RIGHTS RESERVED.